Excellent video.

Thanks a lot for this video, I have a bunch of old 401K I completely forgot about, just opened my first Roth IRA and realized I couldn’t transfer them over. I didn’t realize I could transfer them into a traditional IRA and then consolidate them into my Roth. Thank you!

Awesomeness 👌 I also paid off my mortgage at age 39. It's been 4 years since I have had no regrets 😌 🙌. I am investing in the stock market. Once I accumulate enough gains in the marketplace, I'll cash in and buy more properties 🎉

If you put all your money in a brokerage account and the market crashes wouldn'tt you lose all that money if you needed it to be liquid? I don't think it is is good advice to tell people to put all their on-hand cash in investments

It's not difficult folks, invest half in s&p and the other half in a high yielding savings plan. That's what I do and get 4.7 in savings and whatever the s&p returns and I sleep quite good! See, simple!

My preferred general recommendations: 1. Save a min of 10% regularly until you have 3-12 mo worth of expenses. 2. Invest a min of 15% each payday / month. 3. When you have a fully funded emergency account add the 10% savings to the investing amount for a new min 25%. 4. Use the 75% or less for all other expenses and to save up for purchases. I like getting started with a general brokerage account for the versatility it provides. Of course also consider tax advantaged and retirement type brokerage options to, including 401k’s with company matches. Maybe a combination of account types will be right for you. If you are largely occupied paying off debts but want to begin the financial discipline of investing and inhabit the mindset of thinking of yourself as an investor you may elect to still invest something while paying down your debts; such as 1% or maybe 3-5% for investing.

This is useless, we needed something to show us how to get the money out shareworks. It looks like they did some changes to make it just about impossible to pull it out now.

I’m about to be in this situation and I have no idea what direction to take. I know a little about CD’s and have only heard of ROTH IRA’s and Trust. Financial education was just not something taught to me growing up bc nobody in my family ever had financial freedom or even know how to accumulate it 😔 I just want to make the right decisions for my future and my kids.

I paid off my Mortgage in 11 years a few days ago. I made double payments in the last 6 years or so to accomplish it. My wife and I are debt-free. No car payments.. Credit cards get paid off every month.

exactly what i wanted to know. ill look at other videos

Keep in mind that state taxes still apply depending on your state.

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They always say invest but if you don’t know what to invest in, you should just get a saving account. Unless you’re going to tell me what to invest in to get that 7% which I doubt you would because it’s a gamble. Yeah a HYSA might have a slight lower gain but at least you know it’s going to be in the negative. This is just trying to keep up with inflation not to get rich.

Warren Buffet says that most money managers with expenses underperform the market. He says that he knows some who do but very few. Money managers are good for those who are either too busy or too lazy to look at their own money. Some people find it scary and hard to understand. I think Investing in the indexes is always a good idea over the long haul.

Freedom

You didn't mention 🐕 pets.

High Yield Savings accounts and CD ladders locked in at 4-5% are much better options than a traditional savings or checking earning 1%. Even a money market fund like SPAXX earns 4.97% currently with minimal risk.

Great content! Answered so many questions. Thank you for teaching this. It’s so important for people to understand. Generational wealth is something we all have access to. Thank you.

Hi Tiffany, I have a Traditional IRA with Vanguard. I was wondering could I transfer money from there into my TSP Roth IRA. Thank you for all your terrific content 👏

Got it Tiffany

Making Sense I have Capital One and Fidelity

I went through cash app now they don't know nothing their just a 3rd party

I sold my stocks with Caesars entertainment and don't how are where to get my money from that

If taking RMDs w rollover IRA are there any potential pitfalls you can see in converting to a Roth?

I actually did put 20% down on FHA loan, and I'm still paying PMI.

I have a lot of priorities : - Having MONEY - Doing my personal project - Vibing Alone and with Family (Sisters and Parents) - Studying 📖 - Being healthy - Laughing 🤣 - Eating good food - Hiking (Alone and with Sisters) - Traveling - Dancing 💃 - Singing 🎤 🎶 - doing Bike 🚲 The list are so long . . . 😂🤣

Its feeeeel. Not fil. J’sayin. ❤😂

It’s called fertilizer

You’re living a great life, Tiffany! Putting FI to its best use with all the time freedom and optionality to do the things you enjoy and find meaningful! 👏🏻

Soil, not dirt.

I have missed seeing you here. You've helped me so much with getting my finances in order. Good to hear that you're doing good and getting a much needed break. I'm a stay at home mom who only works part-time, but my mom and wife duties only end when they're all asleep. 😅 I won't be getting a break anytime soon lol. It's ok, I love them. I'm looking forward to your new videos. Maybe you can share traveling tips, cooking tips or whatever it is that you would love to share! I wish you the best. God bless! 😊🤗

I am getting ready to retire and I want to take time off and visit all the baseball stadiums in Japan

You're back!!!!😊

I have started my KZfaq channel and I am on my third trip around the country

Thanks for watching! 😘 Comment below, what are you spending your time on??👇👇

Looking into transferring funds from one firm to another for $70,000 Roth account. Problem is the administration fee of 2.5% or $1,700 is this customary???

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Im getting sick in my stomach just thinking about roommates I could stand the constant change of different peopke.i was happiest when i lived alone.

How about Annuity’s? 58 yrs old, and getting 5.5% in a MYGA annuity. No risk at my age✌️

Tiffany, quick question for you. I know youre a fan of single family homes. We currently have a paid for home and have been saving like crazy to purchase a rental property. We are now within sight of purchasing a rental. I was curious why you chose single family homes vs multi-family? Also, what type of single family homes did you seek--fixer uppers, more expensive properties? Just curious what your perspective is.

Dont waste ur time on this nothing vedeo..she will get u in trouble. With the IRS.

I think those rates and dollar ranges are relative to their taxable income, not what they can pull out.

The aggregate interest is paid over a long while. Looking at this amount - obviously large - in one go is like living your entire life in one day. 😊 The “value” in the amount is about the luxury of time. It is like foregoing Starbucks coffee & saving that money & investing in Nvidia to become a millionaire at 12 😊 There are always tradeoffs that comes with mortgage payoff. If that money could be invested risk-free like nowadays at a higher-rate than mortgage-rate, locking that money into a mortgage is not wise. 😊

Great video, thanks for posting.

Paid off one mortgage (on a revenue property) before age 33. Three mortgages to go; total remaining debt is <$115,000!

I was always told by my parents to save save save. A t 36 years old I’m reconsidering. I’m starting to invest besides my 457b into a Roth IRA. Considering on doing a brokerage account later down the line as well

Thank you very much, Tiffany❤

Working with an advisor and looking to switch to a FP instead. After all the fees my returns are less than my index funds and his fees keep growing

Interesting you didn't mention as a Financial Coach how much you charge

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